Being part of
the conditions given prior to his release, former Minister of State for
Defence, Senator Musiliu Obanikoro, has signed an undertaking to return N480m
to the Federal Government.

According to
info, Obanikoro has also submitted his United States of America and Nigerian
passports to the Economic and Financial Crimes Commission.

The
ex-minister has provided two sureties who are directors in the Federal Civil
Service.

“He has
returned N100m and has pledged to return N480m. The actual balance is meant to
be N685m, but he was able to provide receipts for some transactions. He paid
N85m to someone and that person has been traced.

“He also
bought some bulletproof vehicles when he was minister and they will be handed
over to the EFCC. The cost of the vehicles will be deducted from the amount
that should be returned. Having met the conditions, he should be released any
time from now.”

Obanikoro, who
left the country around June 2015, was detained by the EFCC on October 17,
2016, after returning and surrendering himself to the commission in Abuja.